When people think about estate planning, they may automatically assume it is a concern for those who are of a certain age and lot in life. However, there is never an age that is too young to think about an estate plan and ensure that the process is handled correctly. Anyone, especially those in their 30s in Michigan, who owns a home, has a family or has any kind of assets should act to protect themselves and their loved ones.
There are certain documents the 30-something generation should create as soon as possible. One is a will. A will is necessary to protect assets and can outline who will administer an estate. More importantly, a will can also outline who will act as a guardian to minor children.